China's domestic rebar prices remained in a downward trend on Tuesday March 6 amid high selling interest among stockists.
Domestic Eastern China (Shanghai): 3,920-4,000 yuan ($618-631) per tonne, down 50-80 yuan per tonne Northern China (Beijing): 4,030-4,060 yuan per tonne, down 20 yuan per tonne Stockists lowered their prices in an attempt to secure more sales since they have a lot of inventory.Buyers raised their procurement rates slightly amid some gains in the futures market. The most-traded...